Green Title Professional Offices or Reconfigure / Develop

David Grace and Professionals MC Commercial are pleased to present 181 Hay Street, Subiaco for Sale.

This rare freehold asset offers immediate appeal for professional or commercial use, featuring flexible internal spaces, alfresco areas, and off-street parking. Under R-AC0 zoning, the site presents clear optionality for high-density or mixed-use redevelopment, allowing astute buyers to unlock future value.

Set within one of Perth’s most tightly held and lifestyle-driven precincts, 181 Hay Street is well positioned to benefit from the broader Subiaco East revitalisation, which is expected to enhance urban activation, pedestrian connectivity, public realm outcomes and day-to-night activity across eastern Subiaco. These improvements are anticipated to support increased foot traffic, stronger retail and commercial exposure, and enduring demand throughout the precinct, further underpinning the property’s long-term investment fundamentals.

The property’s elevated position, adaptable configuration and longer-term redevelopment potential-potentially supporting 4-6 storeys (STCA)-provide additional scope for capital growth and future value creation. For owner-occupiers, the existing improvements offer immediate functionality, with a practical layout comprising reception, administration, client-facing areas and private offices. A dedicated male toilet is currently being constructed, providing separate male and female amenities, while the alfresco area is also undergoing refurbishment with new materials.

Combining immediate usability with future redevelopment potential in a tightly held and strategically evolving precinct, 181 Hay Street represents a scarce and compelling opportunity for owner-occupiers and investors seeking medium to long-term value.

For more information, please contact:

David Grace | Sales & Leasing Consultant
0429 290 809 – david.grace@professionalsmc.com.au

Key Features:

• Selling with vacant possession
• 376m²* Freehold land with Hay Street frontage
• 213m²* Building area
• Professional Offices
• On site Parking
• Alfresco
• Zoned R-AC0 permitting high density / mixed use
• Develop – Potential for 4 – 6 Stories or greater (STCA)
• Location to benefit from Subiaco East redevelopment

*Approximate